Crowdstrike price target raised to $380 from $315 at Wells Fargo

Wells Fargo raised the firm’s price target on Crowdstrike to $380 from $315 and keeps an Overweight rating on the shares. The firm notes Crowdstrike has been one of the top performing stocks year-to-date, though it believes there is still more room to run. Endpoint demand remains very strong, though the company has new partnerships and products to drive growth in FY25, Wells adds.